IOB Local Bank Officer 2026-27 – 250 Vacancies – Apply Online
🏦 INDIAN OVERSEAS BANK – LOCAL BANK OFFICER 2026-27
Advt. No. HRDD/RECT/02/2026-27 – 250 Vacancies in JMGS-I – Apply Online
Organisation
Indian Overseas Bank (IOB)
Post
Local Bank Officer (LBO) – JMGS-I
Total Vacancies
250
Application Period
08.08.2026 – 24.08.2026
Total Vacancies
250
Across 4 States
Last Date
24.08.2026
Online Registration
Qualification
Graduation
Any Discipline
Age Limit
20-30 Years
Relaxation as per rules
State-wise Vacancy Details
| State | Local Language | Total | SC | ST | OBC | EWS | UR | PWBD |
|---|---|---|---|---|---|---|---|---|
| Tamil Nadu | Tamil | 100 | 15 | 6 | 33 | 9 | 37 | 11 |
| Karnataka | Kannada | 50 | 8 | 3 | 16 | 4 | 19 | 0 |
| Maharashtra | Marathi | 50 | 7 | 4 | 15 | 5 | 19 | 0 |
| Gujarat | Gujarati | 50 | 6 | 5 | 16 | 4 | 19 | 1 |
| Total | 250 | 36 | 18 | 80 | 22 | 94 | 12 | |
Some states include backlog vacancies. PWBD = Persons with Benchmark Disabilities.
Selection Process
- Stage 1 – Online Examination: 140 objective type questions (200 marks). Sections: Reasoning & Computer Aptitude (30 Q, 60 marks), General/Economy/Banking Awareness (40 Q, 40 marks), Data Analysis & Interpretation (30 Q, 60 marks), English Knowledge (40 Q, 40 marks). Duration: 3 hours. Negative marking: 0.25 marks for each wrong answer.
- Stage 2 – Language Proficiency Test (LPT): Candidates who have not studied the specified local language in 10th or 12th standard will be required to appear for LPT. Candidates failing in LPT will not be considered further.
- Stage 3 – Personal Interview: 100 marks. Minimum qualifying marks: 50% for UR, 45% for Reserved.
- Final Selection: Weightage – Online Exam (80%) + Interview (20%). Minimum aggregate: 35% for UR, 30% for Reserved.
Online Examination Pattern
| Topic | Questions | Marks | Medium | Duration |
|---|---|---|---|---|
| Reasoning and Computer Aptitude | 30 | 60 | English & Hindi | 60 min |
| General / Economy / Banking Awareness | 40 | 40 | English & Hindi | 30 min |
| Data Analysis and Interpretation | 30 | 60 | English & Hindi | 60 min |
| English Knowledge | 40 | 40 | English | 30 min |
| Total | 140 | 200 | 3 Hours | |
Minimum qualifying aggregate: 35% for UR, 30% for Reserved. No sectional qualifying marks.
Key Highlights of the Notification
- Post & Vacancies: Indian Overseas Bank invites online applications for 250 Local Bank Officer (LBO) posts in JMGS-I (Junior Management Grade Scale-I).
- Eligibility – Age: 20 to 30 years as on 01.08.2026 (Relaxation: SC/ST – 5 years, OBC – 3 years, PWBD – 10 years, Ex-Servicemen – 5 years).
- Eligibility – Education: Graduation in any discipline from a recognized University with valid mark-sheet/degree certificate.
- Language Proficiency: Must be proficient (reading, writing, speaking) in the local language of the state applied for. Candidates who have not studied the language in 10th/12th will appear for LPT.
- Application Fee: ₹850 (Gen/EWS/OBC), ₹175 (SC/ST/PWBD – Intimation charges only). Non-refundable.
- Pay Scale: ₹48,480 – 85,920 (Scale I) plus DA, HRA, CCA etc. as per rules.
- Bond: Selected candidates will execute a Financial Service Indemnity Bond for ₹2,00,000 for minimum 3 years service.
- Probation: 2 years active service from the date of joining.
- Important Dates:
– Online Registration Opens: 08.08.2026
– Online Registration Closes: 24.08.2026
– Payment of Application Fee: 08.08.2026 to 24.08.2026 - How to Apply: Applications will be received ONLINE ONLY through IOB website www.iob.bank.in. Candidates must apply for ONE STATE ONLY.
- Exam Centres: Online Examination will be conducted at various centres across India. List of centres available in Annexure-I of the notification.
Important Points to Note
- One State Only: Candidates can apply for only one state. Applying for multiple states will lead to rejection.
- Language Proficiency: Candidates shortlisted for Interview must qualify the Language Proficiency Test (if they haven't studied the local language in 10th/12th).
- Posting Restriction: Selected candidates will be posted within the selected state for the first 12 years of service or until promotion to SMGS-IV, whichever is earlier.
- Advance Increments: One advance increment for each prior completed year of service as Officer in Scheduled Commercial Banks (max 2 increments), subject to matching job profile.
- Reservation: PWBD reservation is on horizontal basis. Selected candidates will be placed in their appropriate category (SC/ST/OBC/EWS/UR).
- Negative Marking: 0.25 marks deducted for each wrong answer in the Online Examination.
- Compensatory Time: PWBD candidates are eligible for compensatory time as per Government guidelines.
- NOC Requirement: Candidates serving in Government/PSU must produce No Objection Certificate at the time of Interview.
- Canvassing: Canvassing in any form will be a disqualification.
- Visit IOB Website: For latest updates, visit www.iob.bank.in.
Download the Official Notification or share this update:
📥 Download Notification PDF Share on WhatsApp Share via Gmail Share on TelegramFrequently Asked Questions
What is the post and how many vacancies are there?
Indian Overseas Bank is recruiting for Local Bank Officer (LBO) in JMGS-I with 250 vacancies across Tamil Nadu (100), Karnataka (50), Maharashtra (50), and Gujarat (50).
What is the eligibility criteria for IOB LBO 2026-27?
Age: 20-30 years as on 01.08.2026 (relaxation for SC/ST/OBC/PWBD/Ex-Servicemen). Education: Graduation in any discipline from a recognized University. Language: Proficiency in the local language of the applied state.
What is the application fee for IOB LBO 2026-27?
General/OBC/EWS: ₹850. SC/ST/PWBD: ₹175 (Intimation charges only). Fee is non-refundable.
What is the selection process for IOB LBO?
Selection is through Online Examination (200 marks, 3 hours) → Language Proficiency Test (if applicable) → Personal Interview (100 marks). Final merit based on Online Exam (80%) + Interview (20%).
What is the pay scale for IOB Local Bank Officer?
The pay scale is ₹48,480 – 2,000/7 – 62,480 – 2,340/2 – 67,160 – 2,680/7 – 85,920 (Scale I). DA, HRA, CCA etc. are payable as per rules.
What is the bond amount and probation period?
Bond: ₹2,00,000 for minimum 3 years of service. Probation: 2 years (active service) from the date of joining.
Can I apply for more than one state?
No. Candidates can apply for only one state. Applying for multiple states will lead to rejection of the application.
What is the Language Proficiency Test (LPT)?
Candidates who have not studied the specified local language of the applied state in their 10th or 12th standard will be required to appear for LPT. Candidates failing in LPT will not be considered for further selection.
Where can I apply for IOB LBO 2026-27?
Applications are accepted ONLINE ONLY through the official IOB website: www.iob.bank.in under the "Careers" page.
What are the important dates for IOB LBO 2026-27?
Online Registration Opens: 08.08.2026. Online Registration Closes: 24.08.2026 (11:55 PM). Payment of Application Fee: 08.08.2026 to 24.08.2026.
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